Do health insurance premiums count towards quarterly estimated tax expenses as a sole proprietorship?

[AdamHurwitz]

When adding the income and expenses for self-employed quarterly estimated taxes as a sole proprietorship, do you include health insurance premiums as part of your quarterly expenses? Much appreciated!

In TurboTax's more info for health insurance premiums it says "These deductions are figured as part of your Form 1040, not as part of Schedule C."

[DawnC · Accepted solution]

Don't include health insurance premiums for you and your family (personal deduction).   Only include health premiums you pay for your employees, if applicable.  

Your personal health insurance deduction doesn't lower your business income on Schedule C.   The deduction is taken directly on Form 1040 (Line 10).  So if you include the premiums in your self-employment expenses, your estimates may be too low.  

[AdamHurwitz]

Thank you for the helpful response @DawnC!

Does not including the health insurance premiums here still apply if I am a sole proprietorship?

[PatriciaV]

Yes. Self-Employed Health Insurance is an adjustment to your income on Schedule 1 and does not affect your business income, even for a sole proprietorship.